Moneycontrol PRO
Check Credit Score
Check Credit Score
HomeNewsBusinessStocks

Intense Technologies share price gains 4% on deal win

The company has bagged a large deal for digitalizing mission critical citizen services in India in partnership with a large System Integrator.

March 03, 2020 / 03:43 PM IST
(Representative Image)

(Representative Image)

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Intense Technologies share price gained 4.5 percent intraday on March 3 after the company bagged a large deal.

The company has landed a deal for digitalising mission-critical citizen services in India in partnership with a large System Integrator.

The technological innovation of its platform UniServe NXT helped Intense Technologies to win the deal against stiff competition from global players. The project is aimed at boosting the digital adoption of critical services amongst citizens of India by making services accessible across multiple devices, the company said in a release.

“The deal will add significantly to the top and bottom line of the company. We believe that leveraging technology to deliver mission-critical enterprise-class applications at scale is the cornerstone of the business impact we deliver,” said CK Shastri, Chairman and Managing Director, Intense Technologies.

At 15:14 hrs, Intense Technologies was quoting at Rs 18.55, up Rs 0.80, or 4.51 percent on the BSE.

Moneycontrol News
first published: Mar 3, 2020 03:41 pm

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347